PDF Solutions (PDFS) priced an upsized public offering of about 4.6 million shares at $44 per share for gross proceeds of about $55.5 million, the company said Thursday.
The offering, which was upsized from its initial size of about 3.8 million shares, consists of about 3.3 million shares being sold by Advantest America and about 1.3 million shares being sold by the company.
Underwriters have a 30-day option to purchase up to an additional 685,246 shares.
The offering is expected to close Friday, subject to customary closing conditions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments